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ReidarReidarby0xd165EcDE7e7825923c8A53CC0ce8f0D75E200dD0fantasticmrfox.eth

Proposal 134: Sell the Koda

Voting ended over 2 years agoSucceeded

We've gone back and forth on this for a while. I wanted to put up a proposal to see explicitly where we all stand.

Yuga has never been in a worse position. Floor price is a variable factor in the overall composition of a project, and although value in the Bored Ape ecosystem is down tremendously, that isn't its biggest problem right now. They are at the absolute bottom of the culture war, with the recent Opepen x ThreadGuy meta being a significant blow to the BAYC narrative.

Admittedly, narrative and floor price can both easily be turned around with killer deliverables. If Otherside does develop into something that builds large DAU numbers and revenue generation for its players, Kodas supposedly will be very valuable.

The way you vote on this proposal comes down to a) the probability you assign to Otherside's success, b) how valuable you think a Koda becomes in this success scenario, and then by how much you think this would outpace the alternative use of the ETH we would get out of the Koda, which is currently around 4.2. We can sell the Koda for a considerable tax loss as well.

Off-Chain Vote

For
498 RDR45.7%
Against
324 RDR29.7%
Abstain
268 RDR24.6%
Quorum:132%
Download mobile app to vote

Timeline

Jul 18, 2023Proposal created
Jul 18, 2023Proposal vote started
Jul 19, 2023Proposal vote ended
Dec 20, 2025Proposal updated